Fazaa Initiative signed by Al Menhali and Badran
Major General Mohammed bin Al Awadhi Al Menhali, Assistant Undersecretary of Resources and Support Services, and Major General Khalil Dawood Badran, Director General of Finance and Services at the Abu Dhabi Police, signed on to the “Fazaa” initiative. The initiative supports the vision and mission of the Social Solidarity Fund to support the employees of the Ministry of Interior (MoI) and develop their community.
The signing ceremony, which was held at the Abu Dhabi Police General Headquarters, is part of the month-long tour that commenced this week. The ceremony was initiated by the Fazaa Management and was held to introduce the initiative to the MoI personnel and encourage them to join.
Major General Al Menhali emphasized that “Fazaa” is an ambitious program that offers excellent and leading services for the Ministry’s employees. Furthermore, he praised the directives of the higher police leadership to launch this program with a view of offering the finest services and advantages for its staff members and their families by catering to their needs and facilitating their livelihood. This gesture stems from the strong belief in their valuable role, and in recognition of the Ministry’s responsibility towards the public and its staff members.
Major Ahmed bu Haroun, Deputy Director General of the Social Solidarity Fund and “Fazaa” Project Manager, briefed the attendees on the initiative. “The project provides a wide and unique range of services designed to support the MoI’s employees so as to increasingly enhance economic and social cooperation - thus ensuring the welfare of the public. It also aims to create additional incentives and opportunities to delight the MoI’s staff members and their families,” he said.
According to the “Fazaa” Project Manager, the “Fazaa” initiative provides numerous advantages and exclusive services that include no interest loan schemes with repayment facilities, discount programs and unique promotions, personal accident insurance, competitive auto insurance prices, rent-to-own car leasing services, discounted rental car rates, and medical care.
Major bu Haroun also addressed the “Amaken” service recently launched by the “Fazaa” initiative. This service aims to assist members in selecting the best local and international holiday destinations at competitive prices. “The travel fees can be paid in three monthly instalments; allowing members to enjoy their vacation, avoid borrowing, and use credit cards to cover their expenses,” said bu Haroun.
He noted that the no interest loan can amount up to Dhs100,000 and be paid in monthly instalments for up to 24 months. “The platinum cardholders can only benefit from this service. In order to qualify for this loan, the staff members must have five years of service,” bu Haroun said.
The presentation took place at the Forensic Evidence Hall at the Abu Dhabi Police, where membership application forms were distributed to the attendees of the Abu Dhabi Police staff members. Moreover, the attendees listened to an explanation about the advantages and competitive prices offered by the gold, silver, and platinum cards in hotels and on travels.
Towards the end of the presentation, Major bu Haroun encouraged the Ministry of Interior’s staff members to upgrade their silver membership to the gold or platinum membership. He said this feature will be optional for all staff members, and can be completed by filling out the upgrade application form available on the Fazaa website at http://www.fazaa.ae/upgrade. He also indicated that the sum of Dh50 is currently being deducted from all staff members; this sum can be upgraded or redeemed at the discretion of the Ministry’s employees.
5 minutes with... Janthana Kaenprakhamroy, CEO, Tapoly
Founder and CEO of award-winning insurtech firm Tapoly, Janthana Kaenprakhamroy heads up Europe’s first on-demand insurance platform for the gig economy, winning industry awards, innovating in the digital insurance space, and leading with inclusivity.
Here, Business Chief talks to Janthana about her leadership style and skills.
What do you do, in a nutshell?
I’m founder and CEO of Tapoly, a digital MGA providing a full stack of commercial lines insurance specifically for SMEs and freelancers, as well as a SaaS solution to connect insurers with their distribution partners. We build bespoke, end-to-end platforms encompassing the whole customer journey, but can also integrate our APIs within existing systems. We were proud to win Insurance Provider of the Year at the British Small Business Awards 2018 and receive silver in the Insurtech category at the Efma & Accenture Innovation in Insurance Awards 2019.
How would you describe your leadership style?
I try to be as inclusive a leader as possible. I’m committed to creating space for everyone to shine. Many of the roles at Tapoly are performed by women and I speak at industry events to encourage more people to get involved in insurance/insurtech. Similarly, I always try to maintain a growth mindset. I think it’s important to retain values to support learning and development, like reliability, working hard and punctuality.
What’s the best leadership advice you’ve received?
Build your network and seek advice. As a leader, you need smart people around you to help you grow your business. It’s not about personally being the best, but being able to find resources and get help where needed.
How do you see leadership changing in a COVID world?
I think the pandemic has proven the importance of inclusive leadership so that everyone feels supported and valued. It’s also shown the importance of being flexible as a leader. We’ve had to remain adaptable to continue delivering high levels of customer service. This flexibility has also been important when supporting employees as everyone has had individual pressures to deal with during this time. Leaders should continue to embed this flexibility within their organisations moving forward.
They say ‘from every crisis comes opportunity’, what opportunities do you see?
The past year has been challenging, but it has also proven the importance of digital transformation in insurance. When working from home was required, it was much harder for insurers to adjust who had not embedded technology within their operating processes because they did not have data stored in the cloud and it caused communication delays with concerned customers at a time when this communication should have been a priority, which ultimately impacts the level of customer satisfaction. This demonstrates the importance of what we are trying to achieve at Tapoly in driving digitalisation in insurance and making communication between insurers and distribution partners seamless.
What advice would you give to your younger self just starting out in the industry?
Start sooner, don’t be afraid to take (calculated) risks and make sure you raise enough money to get you through the initial seed stage.